Ground Broken For Titanium Melt Facility In Jackson Co.

SourceThe Intelligencer
Date Published03/06/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Our Next Energy
Parent companyBerkshire Hathaway Energy Renewables
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):500
City reshored to:Ravenswood
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredtitanium melt factory
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training, Under-utilized capacity, clean energy
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